By Paul Wilson

ProducersWEB

UPDATE 1/16/2014: The California Attorney General office's petition for review has been denied.

Glenn Neasham told ProducersWEB that he received a phone call this morning from Vicki Lyman, head of licensing with the California Department of Insurance, informing him that his insurance license will be renewed today.

In October 2013, the Court of Appeal of the State of California, First Appellate District, Division Three, reversed the verdict handed down in October 2011 in Lake County, California. The controversial case revolved around Neasham’s sale of an annuity to then 83-year-old Fran Schuber, who was later found to be suffering from dementia.